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来源类型 | Discussion paper |
规范类型 | 论文 |
来源ID | DP10357 |
DP10357 On the Global Supply of Basic Research | |
Hans Gersbach; Maik Schneider | |
发表日期 | 2015-01-18 |
出版年 | 2015 |
语种 | 英语 |
摘要 | In a two-country Schumpeterian growth model, we study the incentives for basic research investments by governments in a globalized world. We find that a country's basic research investments increase with the country's level of human capital and decline with its own market size. This may explain that some smaller countries invest a lot in basic research. Compared with the optimal investments achievable when countries coordinate their basic research policies, a single country may over-invest in basic research. However, the total amount of decentralized basic research investments is always below the socially optimal investment level, which justifies policy coordination in this area. |
主题 | Industrial Organization ; Public Economics |
关键词 | Basic research Public goods Economic growth Coordination of governments |
URL | https://cepr.org/publications/dp10357 |
来源智库 | Centre for Economic Policy Research (United Kingdom) |
资源类型 | 智库出版物 |
条目标识符 | http://119.78.100.153/handle/2XGU8XDN/539188 |
推荐引用方式 GB/T 7714 | Hans Gersbach,Maik Schneider. DP10357 On the Global Supply of Basic Research. 2015. |
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